On Monday we were preparing to officially send over the OTP for a $160k purchase price, excited to get the ball rolling.

So me and my hubby are newbies and are in the process of trying to close our first official deal but running into issues.

And spent over $1k on stuff to stock the kitchen without my permission, when our contract only authorized her to spend $500 without permission. 

Agreed, neither you or your attorney can actually do anything to defend the suit....that’s on the lender.One the other issues....if someone moves and doesn’t change their official,address with the bank or property appraiser office....there is no defense to not being served.....hiding from service doesn’t stop the process.As for the escrow thing, yeah irrelevant and not grounds for much of anything.Attorneys, especially when filing a suit they think has little merit, will throw out a bunch of allegations....they probably know they’ll lose but they’re getting paid to do it, right?

Also good idea to include those documents he provides within your official offer, lest they turn out to be anything less than above board down the road.

Hi! My name is Julio. I just want to give a shout out to all the amazing people at BP and all you who contribute your knowledge and expertise to encourage and empower so many people to take action and get into their f...

I can tell you from anecdotal evidence from branch management, there are at least several other landlords that have a similar system set up at my banking institution.Bank-to-bank WITHDRAWALS from my accounts are not allowed unless the bank account receiving the funds is "officially" linked to mine, which is something I would have to set up with the bank by filling out paperwork at a branch.

His parents however do not, nor ever, have claimed a “gain “or income from the property - as the total "rent" we pay each month goes toward satisfying the mortgage and tax requirements and are the ones solely responsible for the home and its upkeep.This past January Ryan’s parents officially “gifted” the property to Ryan, quitclaiming the title in his name only, removing their names from the deed.

You can expect keynotes, breakout sessions, author panels, and happy hour receptions from 8 am - 4 pm on Monday, October 7th and Tuesday, October 8th.Breakout sessions on the topics of BRRRR, house hacking, buy & hold, sourcing & funding, deal analysis, and more!

We will be able to show the home starting this weekend officially.